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March 13, 2015

What do you think of 1 Bloor West? [Poll]

image

Over the past few weeks I’ve been running a little experiment on Twitter where I tweet about a new development project in Toronto and I ask people to vote on it. If they like the project, I ask that they retweet (RT) it. And if they don’t like it, I ask that they favorite it (FAV).

Here’s what it looks like in tweet form:

https://twitter.com/AThisCity/status/575803932083032064

As you can see from this experiment, about 69% of the people who participated seemed to be in favor of this project (at least at the time of writing this post). That said, the discussion following this tweet was a lot more negative than I would have expected.

Somebody also pointed out that in my experiment I’ve created a bias towards supporting the project, since a retweet means the project gets shared, whereas a favorite doesn’t do that. I would argue that the more distribution the better for an accurate consensus, but point taken.

So today I thought I would do this same experiment here on Architect This City. 

At the bottom of this post, I’ve featured a comment from myself asking if you support the 1 Bloor West project. If you like the project, I ask that you “up vote” my comment. And if you dislike the project, I ask that you “down vote” it. You can do so by using the up and down arrows towards the bottom left of the comment.

Hopefully this hack will create a more neutral voting framework. I hope you will participate. If you’re reading this via email, you’ll need to open up the post in your browser by clicking “read more” at the bottom.

If you’d like to learn more about the project before voting, check out this article from the Globe and Mail. Happy voting!

Cover photo
March 1, 2015

What's your complete neighborhood?

Photograph Toronto - St Lawrence Market by Chris Dufresne on 500px

Toronto - St Lawrence Market by Chris Dufresne on 500px

This past Saturday night I was out with a few friends in my neighborhood (St. Lawrence Market area). And I was delighted to see how busy it was. Virtually every bar or club we walked by had a line down the street.

Being the city geek that I am, I started thinking about two things: (1) how often I get localized to my neighborhood (I have data to back this up) and (2) what makes a “complete neighborhood”, such that you’re even able to be localized?

In some ways the idea of a “complete neighborhood” is universal. Everybody needs a grocery store and access to food, for example. But in other ways, a “complete neighborhood” is very much a personal thing – you want goods and services that are important to you.

So today I thought I would do a quick breakdown of the goods, services, and amenities that I really value in my neighborhood and that I think make it more or less “complete.” This list is a combination of universal and personal choices in no particular order. At the end, I summarize some of the things I wish I had.

What I have:

  • A 5-10 minute walk to subway and streetcar

  • A 24/7 grocery store

  • A world famous food market (St. Lawrence Market)

  • Staple coffee shops (Starbucks and Balzacs)

  • Lots of restaurant and food choices (including decent Mexican, one of my favorite foods, and Pho, for when I feel a cold coming on)

  • 2 drugstores (Shopper’s Drug Mart and a new Rexall)

  • A great gym that’s less than a 10 minute walk away

  • An outdoor/athletic store that also fixes bikes

  • Cool local bar (AAA) where I can watch the Raptors (because I don’t own a TV)

  • After work bar with a good Happy Hour (Pravda)

  • Patios for the summer (all along the Esplanade)

  • All the major banks

  • Nearby recreational amenities (bike trails, waterfront, etc.)

  • Local employment base (Wattpad, BNOTIONS, etc.)

  • Great architecture (from Daniel Libeskind to the classics)

  • High walkability

What I wish I had:

  • Less chains and a few more independent businesses

  • A hip indie coffee shop where the (male) staff have waxed moustaches

  • A good takeout sushi place

  • A pool that I could walk to (I ride my bike to Regent Park)

  • A liquor store with longer hours (but alas this is Ontario)

Those are my working lists. What would create a complete neighborhood for you? And how does your current neighborhood hold up?

February 27, 2015

What will the condo market look like in 10-20 years?

Over the past week I’ve had 2 separate people ask me my thoughts on the future of the condo market in Toronto. One of them was working on a University study and one of them was trying to figure out what (condo) property managers would look like in the future. 

To be clear, the questions weren’t motivated by the typical “bubble” debate that the media loves to headline, rather these were questions about the long term future of condos in this city.

I haven’t written about this topic explicitly, so today I thought I would summarize my responses for the Architect This City community. There’s probably a touch of aspiration in the responses I gave, but it’s more or less what I’m thinking and what I believe has a good chance of happening over the next 10-20 years.

Here are some of my thoughts (not an exhaustive list):

Intensification is going to continue in Toronto and that is going to mean more condominiums and other types of multi-family dwellings. Rental apartments is the product type du jour right now within the real estate community.

As intensification continues, I think we’re going to see a tipping point in the near term with more families opting to have and raise children in condos in the city. Part of this will be driven by a desire to stay in the city (walkable communities), but part of it will also be driven by the economics (i.e. high price) of low-rise housing in the city.

As families begin to fill in condos (not just young single professionals and empty nesters), we’ll see developers and cities respond with more family friendly buildings, amenities, and program choices. This could mean anything from children’s play spaces within buildings to redesigned public spaces and parks.

In line with this shift, I think we’ll also see more sophisticated executions of “mixed-use.” Rather than just stacked uses (retail at the bottom, a few levels of office, and a residential condo tower above), developers and operators are going to start thinking about the ecosystem they are creating. (Related discussion in the comment section of this post.)

It’s probably a bit safe to predict that sustainability will become more important going forward. But I think that as more families and long-term end users opt for condos, that consumers will become more interested in building and energy performance. Technological advancement (both hardware and software) will also give this a boost.

Finally, and this applies somewhat to real estate in general, I believe that we’ll see a lot more openness and transparency all across the industry. There will be much better access to data and information. Similar to above, this will be aided by advances in technology and networks.

Now it’s your turn. What do you think of the above list? And what will the condo market — either in Toronto or in your city — look like in 10-20 years?

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Brandon Donnelly

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Brandon Donnelly

Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

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